The Shikoku Bank, Ltd. and Daiwa Securities Co. Ltd. Signs Mou for Comprehensive Business Alliance to Build New Model of Collaboration
September 27, 2021 at 07:00 am
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The Shikoku Bank, Ltd. and Daiwa Securities Co. Ltd. announced that the two companies have signed a memorandum of understanding (the "MOU") for a comprehensive business alliance (the "alliance") aimed to build a new model of collaboration which is to provide higher value-added financial services and solutions to customers in areas centered on Kochi Prefecture. The two companies will proceed with further discussions and considerations regarding the alliance with the aim of concluding a final agreement by the end of March, 2022. The following contents are planned at the time of the conclusion of the MOU, and may be changed as a result of discussions and considerations between the two companies toward the final agreement of the alliance. If the two companies conclude a final agreement related to the alliance, will promptly inform of the details.
The Shikoku Bank, Ltd. is a regional bank mainly engaged in the banking business, leasing business and other financial businesses. The banking business is engaged in the banking agency business and credit guarantee business. The leasing business is involved in the leasing business. The others business is engaged in the computer-related business, the investigation and research related to industry, economics and finance, as well as the management and operation of investment business partnership assets.